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HC refuses Anticipatory Bail in PMLA case

February 21, 2022 2817 Views 0 comment Print

Directorate of Enforcement Vs Kamma Srinivasa Rao (Telangana High Court) In the present case, the allegations against the accused are that he is the main conspirator and has derived proceeds of crime in the form of movable and immovable assets. The accused along with other IMS officials and private persons is alleged to have conspired […]

Refund of Cenvat Credit cannot be claimed as credit in Service Tax Return

February 21, 2022 5268 Views 0 comment Print

Rungta Mines Limited Vs Commissioner of Central Goods & Services Tax and Central Excise (Jharkhand High Court) In the instant case, as per the case of the petitioner, the entire problem has cropped up due to non-receipt of the invoice in original from the port authorities although the port services were availed and payments for […]

Narcotics Bureau busts illegal Drug manufacturing factory in Delhi

February 20, 2022 1584 Views 0 comment Print

Preventive and Intelligence Cell, Central Bureau of Narcotics, New Delhi, developed specific information about a clandestine manufacturing plant of Tramadol in Bawana, Industrial Area, New Delhi and its forefront store at Sirsa (Haryana) in selling the manufactured Tramadol in disguise of Ayurvedic Medicines.

Provisional List of Companies within the ambit of NFRA

February 18, 2022 15300 Views 0 comment Print

This comprehensive exercise of compliation of data base of companies covered by NFRA Rules/their auditors from CDM and its reconciliation with other important data bases is being performed for the first time.

How Payroll Software Improves Your Business Productivity?

February 17, 2022 2154 Views 0 comment Print

Every company needs to improve its operations in order to succeed, yet many are unwilling to invest money and effort in finding a solution. The demand for solutions that increase productivity and ensure return on investment (ROI) while utilizing fewer resources is growing by the day in this digital realm.

CBIC setup GST Refund Help Desk

February 17, 2022 8343 Views 0 comment Print

Setup of ‘GST Refund Help Desk’ in the office of Pr. CCA, CBIC 1. The office of Pr. CCA, CBIC has setup a ‘GST Refund Help Desk’ for addressing payment related problems faced by the taxpayers. Contact details of the Help Desk is as under: Name of Nodal Officer     : Ms Anita Rawat, Accounts Officer […]

Empanelment of CA firms with CAG- Extension of the Last Date

February 14, 2022 16486 Views 1 comment Print

Considering the difficulties faced by Chartered Accountant firms/LLPs in submitting the online empanelment for audit of PSUs for the year 2022-23, the O/o C&AG on the request of ICAI has extended the last date for submission of online application from 15th February, 2022 to 22nd February, 2022 as a onetime relief

ROC imposes Rs. 2 Lakh penalty for delay in Share Certificate issue

February 13, 2022 13920 Views 0 comment Print

The company has received a remittance of Rs. 50,00,000 from its subscriber on 17.05.2021 in its bank account towards share capital contribution for subscription of equity shares of the company and the Board vide its resolution dated 18.05.2021 given its approval for issuance of share certificates to the subscribers to the Memorandum of Association and […]

ICAI elects President & Vice-President for the year 2022-23

February 12, 2022 8010 Views 1 comment Print

ICAI elects New Torchbearers for the year 2022-23-  CA. (Dr.) Debashis Mitra elected as President, ICAI and CA. Aniket Sunil Talati elected as Vice President, ICAI. CA. (Dr.) Debashis Mitra, President ICAI- 2022-23 A visionary with strong academic leaning and having deep professional insight, CA. (Dr.) Debashis Mitra, has been elected as the President of […]

No need to physically port ration card from one State/UT to another

February 11, 2022 1359 Views 0 comment Print

No need to physically port the ration card from one State/UT to another under One Nation One Ration Card (ONORC) plan Since inception of the ONORC in August 2019, about 56 Crore portability transactions have been recorded in the States/UTs up to 31st January, 2022 The Union Minister of State for Consumer Affairs, Food and […]

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